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Recent & Future Developments

What's New in MG Road, Bangalore

Live news feed — last updated 22 April 2026

22 Apr2026

HAL Airport to be Redeveloped into Global Aerospace Hub by 2036

The Karnataka government plans to transform the 700-acre HAL airport in Bengaluru into a global aerospace hub by 2036. This ambitious project aims to create a $20 billion aerospace economy, foster international partnerships, and establish India's first integrated defense-civil-space corridor.

Source: Deccan Herald
13 Jan2026

Kamaraj Road Reopens, But MG Road Faces Potential Disruption from Pipeline Works

Kamaraj Road has fully reopened for two-way traffic, easing congestion in Bengaluru's central business district. However, commuters are concerned about potential renewed traffic chaos as the Bangalore Water Supply and Sewerage Board (BWSSB) plans to undertake new water supply and sewerage pipeline relaying works on MG Road. This could lead to traffic snarls in the area, between Brigade Road and Trinity Circle.

Source: The Hindu
08 Jan2026

Bengaluru Office Leasing Hits Record High in 2025, Knight Frank Reports

Bengaluru recorded a historic gross leasing of 28.7 million square feet of office space in 2025, a 59% annual increase. This surge was driven by high demand, particularly from foreign firms establishing GCCs. Bengaluru retained its position as India's largest office market, with 63% of the leased space occupied by GCCs. India's office real estate market touched 86.4 million sq ft of gross leasing in 2025, a 20% rise from 2024.

Source: The Week, Rediff Money & 1 others
01 Oct2025

Bengaluru is set to get a new 110-km elevated corridor at an estimated cost of Rs 18,000 crore, including Rs 3,000 crore for land acquisition. The Detailed Project Report (DPR) has been approved by the technical advisory committee of the Greater Bengaluru Authority (GBA), and is expected to be sent to the state government for approval by September 25.

Source: India TV News, The New Indian Express & 2 others
Explore Key Amenities & Commute

What's Around MG Road, Bangalore

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Bangalore's top business hubs.

map
Nearby Places
  • Punjab National Bank
    ATM
    0.1 km
  • Swagath Shankarnag Chitramandira
    Cinema Hall
    0.1 km
  • Rural Cooperative Bank
    Bank
    0.1 km
  • Hdfc Bank
    ATM
    0.2 km
  • Punjab National Bank
    Bank
    0.2 km

Plan your Commute Travel time from MG Road, Bangalore

Data Intelligence

Price Insights for MG Road, Bangalore

Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.

Property Price Insights in Central Bangalore
Avg. Sale Price ₹ 20,100/sq.ft For Apartment
Avg. Rental ₹ 90 /sq.ft
-7.22%
Rental Yield 5.37% p.a.
Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in MG Road, Bangalore.

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
37%
8%
Office Space
28%
8%
Plot
33%
84%
By BHK
Demand
Supply
2 BHK
29%
50%
5 BHK
10%
50%
By Budget
Demand
Supply
Below 50 L
7%
84%
2 Cr. - 5 Cr.
53%
8%
Above 5 Cr.
39%
8%
By Property Type
Demand
Supply
Apartment
67%
50%
Independent House
4%
4%
Office Space
15%
43%
Penthouse
12%
4%
By BHK
Demand
Supply
1 BHK
39%
7%
2 BHK
7%
7%
3 BHK
16%
50%
4 BHK
17%
25%
5 BHK
5%
13%
By Budget
Demand
Supply
30000 - 50000
41%
4%
Above 50000
58%
97%
MG Road Spotlight

Top Projects in MG Road, Bangalore

Trusted Developers

Top Builders in MG Road, Bangalore

Browse Inventory

Properties Available in MG Road, Bangalore

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Neighborhood

Localities around MG Road, Bangalore

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 19,900/sq. ft
Rental Yield
3.9%
13
New Projects
5
For Sale
7
For Rent
Rental Yield
3.9%
5
New Projects
3
For Sale
1
For Rent
Rental Yield
3.9%
8
For Rent
Rental Yield
3.9%
2
New Projects
3
For Sale
Rental Yield
3.9%
2
New Projects
1
For Sale
Rental Yield
3.9%
2
New Projects
1
For Sale
Rental Yield
3.9%
1
For Rent
Rental Yield
3.9%
1
For Rent
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FAQ

Frequently Asked Questions

Find answers to common queries about MG Road, Bangalore.

Is MG Road a suitable place to live in Bangalore?

Homebuyers and tenants often prefer the locality for its connectivity, essential amenities, and comfortable living environment.

What is the average property rate in MG Road, Bangalore?

The average property rate in MG Road stands at approximately ₹20,100 per sq ft. Property values typically vary between ₹ 10.57 Lakhs to 14 Crore depending on factors such as project type, property configuration, and location within the locality.

What is the average rental price in MG Road, Bangalore?

Rental properties in MG Road are available at an average price of around ₹90 per sq ft. Rent generally falls within the range of ₹ 35 Thousand to 36 Lakhs, based on the property's size, furnishing status, and amenities offered.

What is the PIN code of MG Road?

The PIN code of MG Road is 560001. This postal code is used for mail delivery, courier services, and address identification across the locality.

What property options are available in MG Road, Bangalore?

MG Road offers a wide range of residential properties, including Apartment, Office Space. Buyers and renters can explore configurations such as 2 BHK,5 BHK to match their lifestyle preferences and budget.

How well-connected is MG Road, Bangalore?

MG Road enjoys good connectivity to various parts of Bangalore through a well-developed road network and public transportation facilities. Residents benefit from convenient access to major commercial hubs, educational institutions, healthcare centres, and other essential destinations across the city.

Which areas are located near MG Road in Bangalore?

Some prominent localities close to MG Road include Mahatma Gandhi Road, St Johns Road, Brigade Road, Dickenson Road, Rest House Road. These neighbouring areas are well-connected and provide access to key residential, commercial, and recreational destinations.

What social amenities are available near MG Road?

Residents of MG Road benefit from access to leading social infrastructure, including schools such as Tunbridge High School, StPatricks High School, St Joseph Boys High School, St Josephs Boys High School, St Josephs Boys High School, hospitals like Hosmat Hospital, Q Medical Center Specialty Hospital, Manjushree Speciality Hospital, Fortis La Femme, Bowring and Lady Curzon Hospital, and shopping destinations including Central Mall, Indo Dubai Plaza, Eva Mall, Garuda Mall, Garuda Mall.

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